April 2016 Garden Club/Cult

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CarefulBuilder14
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Re: April 2016 Garden Club/Cult

Postby CarefulBuilder14 » Wed Apr 20, 2016 1:10 pm

Has anyone else checked out the US Travel Association offers? It's a sort of Groupon (so I've heard, I've not actually used either) for travel. You can buy points/miles/certificates for reduced prices.

The two that interest me are IHG for 0.565 to 0.6 cpp (still available due to either lots of supply or limited demand), and Hyatt for 1.04 to 1.1 cpp (not yet available). Hilton points for 0.5 cpp sold out very quickly, as did a Choice Hotel deal.

I think these deals might keep me in the garden for a while...
Keeping indefinitely: IHG, SchwabPlat, CSP, Discover, Freedom, ED, BCE, Hyatt
May close or PC: Prestige, Arrival, BrooksBros
AA Platinum converting into Costco

Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech
Letting new accounts cool off since May


astronautcowboy
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Re: April 2016 Garden Club/Cult

Postby astronautcowboy » Wed Apr 20, 2016 2:50 pm

I just got my Freedom Unlimited in the mail, so I will be gardening for the foreseeable future. The only thing liable to get me out is a new car, a new home, or Chase releasing another new card that earns UR points. I am hoping they eventually release something that is equivalent to the AMEX Platinum (not the Palladium, something accessible by normal humans).

My wife is also out of the garden this month, as she applied for her own Freedom. Eventually I would like to refer her for her own Unlimited, and then we will likely be "done." I may try to convince her to get a CSP too though, as the sign-up bonus is almost enough for a trip to Asia on United.

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CarefulBuilder14
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Re: April 2016 Garden Club/Cult

Postby CarefulBuilder14 » Fri Apr 22, 2016 3:00 pm

CarefulBuilder14 wrote:Has anyone else checked out the US Travel Association offers? It's a sort of Groupon (so I've heard, I've not actually used either) for travel. You can buy points/miles/certificates for reduced prices.

The two that interest me are IHG for 0.565 to 0.6 cpp (still available due to either lots of supply or limited demand), and Hyatt for 1.04 to 1.1 cpp (not yet available). Hilton points for 0.5 cpp sold out very quickly, as did a Choice Hotel deal.

I think these deals might keep me in the garden for a while...

25k IHG points in at $150, redeemed immediately for a $190 stay...and I get 2500 of them back.

I don't mind redeeming for a low-ish cpp value when I can buy the points for even less! :ppp

In actual garden news, I got an auto CLI on Sallie. $2.5k to $4.7k. I might trim that CL again and move more to Arrival.
Keeping indefinitely: IHG, SchwabPlat, CSP, Discover, Freedom, ED, BCE, Hyatt
May close or PC: Prestige, Arrival, BrooksBros
AA Platinum converting into Costco

Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech
Letting new accounts cool off since May

kdm31091
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Re: April 2016 Garden Club/Cult

Postby kdm31091 » Sun Apr 24, 2016 7:12 am

It's funny on MF how some people can just completely be ignorant to the fact that not everyone is going to open up a new account for 1% extra on dining. When I point that out, I'm told "but who doesn't eat out? Don't they want to save money?"

A 1% extra gain is not really much of a "savings". If you spend $500 a month on dining out that's 5 whole dollars. If this is truly about "saving" money, you need to eat out less, not worry about some paltry reward amount.

Again, Marvel is a great card for some people. I just hate when people fail to realize that in dollars, we aren't talking about a huge gain, and some people plain just may not care or want a new account.

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CarefulBuilder14
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Re: April 2016 Garden Club/Cult

Postby CarefulBuilder14 » Sun Apr 24, 2016 10:12 am

astronautcowboy wrote:I just got my Freedom Unlimited in the mail, so I will be gardening for the foreseeable future. The only thing liable to get me out is a new car, a new home, or Chase releasing another new card that earns UR points. I am hoping they eventually release something that is equivalent to the AMEX Platinum (not the Palladium, something accessible by normal humans).

My wife is also out of the garden this month, as she applied for her own Freedom. Eventually I would like to refer her for her own Unlimited, and then we will likely be "done." I may try to convince her to get a CSP too though, as the sign-up bonus is almost enough for a trip to Asia on United.

They already have the Ritz, in addition to the Palladium. The Ritz earns Marriott/Ritz points instead of URs, but it's not like Palladium or Platinum have great earning rates, either.
Keeping indefinitely: IHG, SchwabPlat, CSP, Discover, Freedom, ED, BCE, Hyatt
May close or PC: Prestige, Arrival, BrooksBros
AA Platinum converting into Costco

Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech
Letting new accounts cool off since May

Tubpbs
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Re: April 2016 Garden Club/Cult

Postby Tubpbs » Sun Apr 24, 2016 10:20 am

CarefulBuilder14 wrote:
astronautcowboy wrote:I just got my Freedom Unlimited in the mail, so I will be gardening for the foreseeable future. The only thing liable to get me out is a new car, a new home, or Chase releasing another new card that earns UR points. I am hoping they eventually release something that is equivalent to the AMEX Platinum (not the Palladium, something accessible by normal humans).

My wife is also out of the garden this month, as she applied for her own Freedom. Eventually I would like to refer her for her own Unlimited, and then we will likely be "done." I may try to convince her to get a CSP too though, as the sign-up bonus is almost enough for a trip to Asia on United.

They already have the Ritz, in addition to the Palladium. The Ritz earns Marriott/Ritz points instead of URs, but it's not like Palladium or Platinum have great earning rates, either.


Agreed. I believe that's the card they consider to fall into that category for them.

And the earning system on the card is theoretically better than the Platinum (not the Prestige).
Amex - BCP, Platinum, Business Gold
BoA - BankAmericard Cash Rewards
Chase - Freedom, CSP, RC, Ink Plus
Citi - DC, Prestige
Discover - It

Tubpbs
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Re: April 2016 Garden Club/Cult

Postby Tubpbs » Sun Apr 24, 2016 10:22 am

kdm31091 wrote:It's funny on MF how some people can just completely be ignorant to the fact that not everyone is going to open up a new account for 1% extra on dining. When I point that out, I'm told "but who doesn't eat out? Don't they want to save money?"

A 1% extra gain is not really much of a "savings". If you spend $500 a month on dining out that's 5 whole dollars. If this is truly about "saving" money, you need to eat out less, not worry about some paltry reward amount.

Again, Marvel is a great card for some people. I just hate when people fail to realize that in dollars, we aren't talking about a huge gain, and some people plain just may not care or want a new account.


I agree 100%. If it's actually about practicality or saving money, willfully eat out one less day a month and a regular person will save more money on that than potentially all of their rewards for a year... Definitely a large chunk depending on how you spend money and what "eating out" is to you. Burger King, no. A real restaurant in a metropolitan area, yes.
Amex - BCP, Platinum, Business Gold
BoA - BankAmericard Cash Rewards
Chase - Freedom, CSP, RC, Ink Plus
Citi - DC, Prestige
Discover - It

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CarefulBuilder14
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Re: April 2016 Garden Club/Cult

Postby CarefulBuilder14 » Sun Apr 24, 2016 1:17 pm

Tubpbs wrote:
CarefulBuilder14 wrote:
astronautcowboy wrote:I just got my Freedom Unlimited in the mail, so I will be gardening for the foreseeable future. The only thing liable to get me out is a new car, a new home, or Chase releasing another new card that earns UR points. I am hoping they eventually release something that is equivalent to the AMEX Platinum (not the Palladium, something accessible by normal humans).

My wife is also out of the garden this month, as she applied for her own Freedom. Eventually I would like to refer her for her own Unlimited, and then we will likely be "done." I may try to convince her to get a CSP too though, as the sign-up bonus is almost enough for a trip to Asia on United.

They already have the Ritz, in addition to the Palladium. The Ritz earns Marriott/Ritz points instead of URs, but it's not like Palladium or Platinum have great earning rates, either.


Agreed. I believe that's the card they consider to fall into that category for them.

And the earning system on the card is theoretically better than the Platinum (not the Prestige).

On the Palladium, Chase gets a $595 AF, merchant fees, and often (indirectly) a few thousand in asset management fees. That suggests very high gross margins. They may reason, perhaps correctly, that offering something without a $250k asset requirement (and therefore with lower total fees) might bring in new customers, but reduce the exclusive image and perceived value (and therefore the demand) for the highly profitable Palladium.

Unless someone rents private jets (and can actually use the Marquis perks), CSP offers a lot of the same benefits for a tiny fraction or the AF. I guess CSP lacks hotel room theft insurance and things like that. Perks like airport lounge access are easy to get on other cards.
Keeping indefinitely: IHG, SchwabPlat, CSP, Discover, Freedom, ED, BCE, Hyatt
May close or PC: Prestige, Arrival, BrooksBros
AA Platinum converting into Costco

Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech
Letting new accounts cool off since May

TXviking
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Re: April 2016 Garden Club/Cult

Postby TXviking » Mon Apr 25, 2016 1:48 am

CarefulBuilder14 wrote:Unless someone rents private jets (and can actually use the Marquis perks), CSP offers a lot of the same benefits for a tiny fraction or the AF. I guess CSP lacks hotel room theft insurance and things like that. Perks like airport lounge access are easy to get on other cards.


I don't rent private jets, but I do fly a bit. Not enough to justify huge AF spend, but enough that lounge access would be a nice perk. Are there "easy" ways to achieve that without spending $450+ in fees?

Agree on the CSP. Just got it and I think the AF there is reasonable for the included benefits. Almost worth it just for primary car rental insurance alone, and UR points are more attractive than most rewards programs I've seen.

gregshelley@scrtc.com
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Re: April 2016 Garden Club/Cult

Postby gregshelley@scrtc.com » Mon Apr 25, 2016 8:58 am

Just got my first CLI on BCP, requesedt 3x online soft pull and went from $4,000.00 to $12,000.00. :lift:
Discover it $3.5K
BOA CR Visa Sig. $25K
Chase Freedom Visa $2K
Chase MRP Visa Sig. $5K
Cap 1 Vent Visa Sig. $13K
Citi HH Visa Sig. $10.1K
AMEX Plat NPSL
AMEX BCP $20K
AMEX Gold Delta SM $8K
BC AR + WEMC $3.5K
Cap 1 Spark Cash Bus Visa Sig. $4k
Chase Ink Cash Busin Visa Sig. $5K



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